Cordia Bancorp Inc (BVA) financial statements (2022 and earlier)

Company profile

Business Address 11730 HULL STREET ROAD
MIDLOTHIAN, VA 23112
State of Incorp. VA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments90,16096,04753,284
Cash and cash equivalents18,46021,84713,984
Short-term investments71,70074,20039,300
Restricted cash and investments2,3552,092 
Total current assets:92,51598,13953,284
Noncurrent Assets
Property, plant and equipment5,9804,4324,464
Intangible assets, net (including goodwill)681046,021
Goodwill  5,882
Intangible assets, net (excluding goodwill)68104139
Total noncurrent assets:6,0484,53610,485
Other undisclosed assets249,927215,925171,379
TOTAL ASSETS:348,490318,600235,148
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities320,751291,464221,861
Total liabilities:320,751291,464221,861
Stockholders' equity
Stockholders' equity attributable to parent27,72527,12213,287
Common stock515128
Additional paid in capital33,19132,95618,648
Accumulated other comprehensive loss(690)(468)(384)
Accumulated deficit(4,827)(5,417)(5,005)
Other undisclosed stockholders' equity1414 
Total stockholders' equity:27,73927,13613,287
TOTAL LIABILITIES AND EQUITY:348,490318,600235,148

Income statement (P&L) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
Revenues9,6389,238 
Net investment income9,2378,948 
Cost of revenue (574)(19)
Cost of goods and services sold (102) 
Insurance tax (167) 
Financial services costs (305)(19)
Gross profit:9,6388,664(19)
Operating expenses(7,658)(7,884)(5,238)
Operating income (loss):1,980780(5,257)
Nonoperating income1,7581,450426
Investment income, nonoperating1,7371,450426
Interest and debt expense(2,331)(1,991)(1,808)
Income (loss) from continuing operations before equity method investments, income taxes:1,407239(6,639)
Other undisclosed income (loss) from continuing operations before income taxes(817)(651)7,335
Income (loss) from continuing operations before income taxes:590(412)696
Income tax benefit 662 
Net income:590250696
Other undisclosed net loss attributable to parent (662) 
Net income (loss) attributable to parent:590(412)696
Preferred stock dividends and other adjustments 14,135 
Net income available to common stockholders, diluted:59013,723696

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
Net income:590250696
Other comprehensive loss(222)(84)(440)
Comprehensive income:368166256
Other undisclosed comprehensive loss, net of tax, attributable to parent (662) 
Comprehensive income (loss), net of tax, attributable to parent:368(496)256

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: